SHFE #1 Lead Price Movement on May 25-Shanghai Metals Market

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SHFE #1 Lead Price Movement on May 25

SMM Insight 01:48:58PM May 25, 2012 Source:SMM

SHANGHAI, May 25 (SMM) – On Friday, SHFE lead prices moved between RMB 15,120-15,140/mt. In China’s domestic spot market, quotations for Chihong Zn & Ge and Nanfang changed little from the previous trading day and were mainly at RMB 15,260/mt, with premiums of RMB 130/mt over the most active SHFE lead contract price. Shuangyan and Shuikoushan were quoted between RMB 15,190-15,210/mt. Dealers remained normal sales and downstream buyers purchased on production needs, leaving trading light.

Key Words:  lead price   spot lead 

SHFE #1 Lead Price Movement on May 25

SMM Insight 01:48:58PM May 25, 2012 Source:SMM

SHANGHAI, May 25 (SMM) – On Friday, SHFE lead prices moved between RMB 15,120-15,140/mt. In China’s domestic spot market, quotations for Chihong Zn & Ge and Nanfang changed little from the previous trading day and were mainly at RMB 15,260/mt, with premiums of RMB 130/mt over the most active SHFE lead contract price. Shuangyan and Shuikoushan were quoted between RMB 15,190-15,210/mt. Dealers remained normal sales and downstream buyers purchased on production needs, leaving trading light.

Key Words:  lead price   spot lead